Shark Tank star Kevin O'Leary says U.S. crypto regulation is 'getting very, very aggressive.' He warned: 'You've got to stay out of the way of Gensler and the SEC.' cryptocurrency
Kevin O'Leary Warns US Crypto Regulation Getting 'Very Aggressive' — 'You've Got to Stay out of the Way of SEC'
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that U.S. crypto regulation is “getting very, very aggressive.” Noting that regulators are now “regulating by enforcement, penalties, and massive fines,” O’Leary emphasized the importance of staying out of the way of the SEC, Chair Gary Gensler, and other regulators.Shark Tank star Kevin O’Leary has shared his outlook for the crypto industry following several enforcement actions by the U.S. Securities and Exchange Commission . Mr.
Venture funding for new crypto projects is virtually dead and aftermarket trading for existing projects is at massive discounts. Reason? The regulator is now regulating by enforcement, penalties, and massive fines.O’Leary explained in an interview with Trader TV Live, published Sunday, that following the collapse of cryptocurrency exchange FTX, U.S. lawmakers are “pissed” about having to regularly meet to deal with the failures of crypto companies.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pro-Ripple Lawyer and CryptoLaw Founder Slams Pro-FTX Kevin O'Leary, Here's WhyCryptoLaw founder JohnEDeaton1 bashed Mr. Wonderful kevinolearytv for his stance on cryptoregulation
Read more »
FTX poked the bear and the bear is pissed — O’Leary on the crypto crackdownAccording to Kevin O’Leary, regulators are pretty upset about the crypto industry. “You got to get on board with regulation, you got to stay out of the way of Gensler at the SEC and other regulators,' declared the venture capitalist.
Read more »
Zambia tests technology for crypto regulation, says minister MutatiZambia sets its way to crypto adoption. The country's minister of Science and Technology confirmed the central bank is performing technical tests for potential regulation.
Read more »
Commissioner Peirce on the SEC’s ‘unimaginative’ approach to regulationIn this episode, SEC Commissioner Hester Peirce discusses how the SEC's recent enforcement action towards Kraken is emblematic of the agency's broader attempt to regulate the crypto industry in the US through enforcement actions.
Read more »
Custodia Bank CEO on State of US Crypto RegulationIn the wake of prominent crypto companies filing for bankruptcy last year, Custodia Bank founder and CEO Caitlin Long discusses the state of the U.S. crypto regulation and the outlook for regulatory clarity. Long claims she warned regulators about bank run risks tied to crypto and also discusses Custodia Bank filing an amended complaint against the Federal Reserve last Friday. 'Custodia bank has been disparaged by powerful regulators and politicians and we did nothing wrong,' Long said.
Read more »